Party B Credit Protection. (a) Financial Information: [] Option A [] Option B Specify: [X] Option C Specify: audited annual financial statements of Guarantor. (b) Credit Assurances: [X] Not Applicable [] Applicable (c) Collateral Threshold: [X] Not Applicable [] Applicable If applicable, complete the following: Party A Collateral Threshold: $ N/A ; provided, however, that Party A’s Collateral Threshold shall be zero if an Event of Default with respect to Party A has occurred and is continuing. Party A Independent Amount: $ Party A Rounding Amount: $ (d) Downgrade Event: [X] Not Applicable [] Applicable [] It shall be a Downgrade Event for Party A if Party A’s Credit Rating falls below from S&P or from Moody’s or if Party A is not rated by either S&P or Moody’s [] Other: Specify: (e) Guarantor for Party A: Coral Energy Holding, L.P. Guarantee Amount: $50,000,000 Confidentiality [X] Confidentiality Applicable (EEI Version 2.1 (modified 4/25/00) If not checked, inapplicable. [] Party A is a Governmental Entity or Public Power System [X] Party B is a Governmental Entity or Public Power System [] Add Section 3.6. If not checked, inapplicable [] Add Section 8.4. If not checked, inapplicable Other Changes Specify, if any: See Attached Addendum. This Addendum amends the Agreement as set forth below:
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Party B Credit Protection. (a) Financial Information: [] Option A [] ❒ Option B Specify: Allegheny Energy, Inc. [X] Option C Specify: audited annual financial statements of Guarantor.:
(b) Credit Assurances: [X] ❒ Not Applicable [] Applicable
(c) Collateral Threshold: [X] ❒ Not Applicable [] Applicable If applicable, complete the following: Party A Collateral Threshold: $ N/A ; provided, however, that Party A’s Collateral Threshold shall be zero if an Event of Default or Potential Event of Default with respect to Party A has occurred and is continuing. Party A Independent Amount: $ Party A Rounding Amount: $
(d) Downgrade Event: [X] ❒ Not Applicable [] Applicable [] It shall be a Downgrade Event for Party A if Party A’s Credit Rating falls below from S&P or from Moody’s or if Party A is not rated by either S&P or Moody’s [] Other: Specify:’s
(e) Guarantor for Party A: Coral Energy Holding, L.P. Guarantee Amount: $50,000,000 Not Applicable Confidentiality [X] ❒ Confidentiality Applicable (EEI Version 2.1 (modified 4/25/00) If not checked, inapplicable. [] Party A is a Governmental Entity or Public Power System [X] ❒ Party B is a Governmental Entity or Public Power System [] Add Section 3.6. If not checked, inapplicable [] Add Section 8.48.6. If not checked, inapplicable Other Changes Specify, if any: See Attached Addendum. This Addendum amends the Agreement as set forth below:
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Party B Credit Protection. (a) Financial Information: [] Option A [] Option B Specify: [X] Option C Specify: audited annual financial statements of Guarantor.:
(b) Credit Assurances: [X] Not Applicable [] Applicable
(c) Collateral Threshold: [X] Not Applicable [] Applicable If applicable, complete the following: Party A Collateral Threshold: $ N/A ; provided, however, that Party A’s Collateral Threshold shall be zero if an Event of Default or Potential Event of Default with respect to Party A has occurred and is continuing. Party A Independent Amount: $ Party A Rounding Amount: $
(d) Downgrade Event: [X] Not Applicable [] Applicable [] It shall be a Downgrade Event for Party A if Party A’s Credit Rating falls below __________ from S&P or from Moody’s or if Party A is not rated by either S&P or Moody’s [] Other: Specify:
(e) Guarantor for Party A: Coral Energy Holding, L.P. Guarantee Amount: $50,000,000 Confidentiality [X] Confidentiality Applicable (EEI Version 2.1 (modified 4/25/00) If not checked, inapplicable. [] Party A is a Governmental Entity or Public Power System [X] Party B is a Governmental Entity or Public Power System [] Add Section 3.6. If not checked, inapplicable [] Add Section 8.48.6. If not checked, inapplicable Other Changes Specify, if any: See Attached Addendum. This Addendum amends the Agreement as set forth below:
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Party B Credit Protection. (a) Financial Information: [] Option A [] Option B Specify: [X] Option C Specify: audited annual financial statements of Guarantor.:
(b) Credit Assurances: [X] Not Applicable [] Applicable
(c) Collateral Threshold: [X] Not Applicable [] Applicable If applicable, complete the following: Party A Collateral Threshold: $ N/A ; provided, however, that Party A’s Collateral Threshold shall be zero if an Event of Default or Potential Event of Default with respect to Party A has occurred and is continuing. Party A Independent Amount: $ Party A Rounding Amount: $
(d) Downgrade Event: [X] Not Applicable [] Applicable [] It shall be a Downgrade Event for Party A if Party A’s Credit Rating falls below __________ from S&P or from Moody’s or if Party A is not rated by either S&P or Moody’s [] Other: Specify:
(e) Guarantor for Party A: Coral Energy Holding, L.P. Guarantee Amount: $50,000,000 Confidentiality [X] Confidentiality Applicable (EEI Version 2.1 (modified 4/25/00) If not checked, inapplicable. [] Party A is a Governmental Entity or Public Power System [X] Party B is a Governmental Entity or Public Power System [] Add Section 3.6. If not checked, inapplicable [] Add Section 8.48.6. If not checked, inapplicable Other Changes Specify, if any: See Attached Addendum:
1. This Addendum amends Section 1.12 “Credit Rating” definition. Section 1.12 is amended by deleting the Agreement as set forth below:word “issues” in the fourth line thereof and inserting the word “issuer” in lieu thereof.
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Party B Credit Protection. (a) Financial Information: [] Option A [] ❒ Option B Specify: [X] Option C Specify: audited annual financial statements of Guarantor.:
(b) Credit Assurances: [X] ❒ Not Applicable [] Applicable
(c) Collateral Threshold: [X] ❒ Not Applicable [] Applicable If applicable, complete the following: Party A Collateral Threshold: $ N/A ; provided, however, that Party A’s Collateral Threshold shall be zero if an Event of Default or Potential Event of Default with respect to Party A has occurred and is continuing. Party A Independent Amount: $ Party A Rounding Amount: $
(d) Downgrade Event: [X] ❒ Not Applicable [] Applicable [] It shall be a Downgrade Event for Party A if the Credit Rating of Party A’s Credit Rating Guarantor falls below from S&P or from Moody’s or if Party A is not rated by either S&P or Moody’s [] Other: Specify:
(e) Guarantor for Party A: Coral Energy Holding, L.P. Not Applicable Guarantee Amount: $50,000,000 Confidentiality [X] Confidentiality Applicable (EEI Version 2.1 (modified 4/25/00) If not checked, inapplicable. [] Party A is a Governmental Entity or Public Power System [X] ❒ Party B is a Governmental Entity or Public Power System [] Add Section 3.6. If not checked, inapplicable [] Add Section 8.4. If not checked, inapplicable Not Applicable Other Changes Specify, if any: See Attached Addendumattached list. This Addendum amends Amended and Restated Master Agreement supersedes the Master Power Purchase and Sale Agreement (Version 2.1; modified 4/25/00) made as set forth below:of the following date: April 24, 2002.
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